JAMB - Mathematics (2015 - No. 22)

Find the simple interest on N325 in 5years at 3% per annum.
N48.75K
N50.10K
N75.50K
N15.75K

Explanation

I =[ PRT ÷ 100]

[(325 × 5 × 3) ÷ (100)]

N(195 ÷ 4)

N48.75K

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